Wilmington Succeeds

Homesteading Grant Program

The City of Wilmington, as part of the partnership efforts involved in Wilmington Succeeds and to support homeownership in the City, has created the following grant incentive for recent college graduates to purchase a home in the City of Wilmington.

Eligible applicants & application requirements shall include:

Recent college graduates (having received a bachelor, master, law, or doctorate degree from an accredited institution within the past 3 calendar years)

Purchase of a single-family home within the City of Wilmington after January 1, 2014

Signed application herein and declaration that the home will be used as their primary residence for not less than 3 years from the date of the funds received.

Short, one (1) page narrative noting a proposed use of the grant funds to improve the home or property

Applicable Rules:

Awards will be made quarterly, depending on funds available to the Wilmington Succeeds program.

Each grant shall not exceed $2,500 per home and applicant

Each applicant can only qualify and received funds once from this program

The applications are reviewed quarterly and due to the Mayor’s Office by the close of the first business day of a new quarter (January, April, July, and October)